Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that 67,346 CPFVshares were purchased between December 28, 2021 and January 3, 2022, under the Company's Value Fund - Share Buy Back Programme.

CPFV further advised as follows:

  • The purpose for the purchase was to unlock shareholder value by purchasing at a price that is at a significant discount to our book value per share consistent with the strategy previously disclosed in our prospectus and our recently released Annual Report.
  • The source of funding was cash on our balance sheet.
  • The shares were repurchased on the open market via our broker, NCB Capital Markets Limited.

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Fortress Caribbean Property Fund published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 22:17:11 UTC.